YEARLY HIGH
16.0622 ISK
YEARLY LOW
12.7642 ISK
YEARLY AVERAGE
14.7368 ISK

2020 SEK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 16.0622. Conversely, the yearly low was recorded on February 2, dropping to 12.7642.

This high-to-low spread represents a total annual volatility of 3.2979 ISK. From a start-to-finish perspective, comparing the January average rate of 12.9941 to the December average rate of 15.2489, the exchange rate registered a net change of 17.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 16.0622 was up 18.64% compared to the 2019 peak of 13.5390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SEK based on timing:

Yearly Peak High 80,311 ISK
2019 Average 64,829 ISK
Yearly Trough Low 63,821 ISK
Transaction Impact: A difference of 16,489.61 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

16.0899
12.7126
JanuMarcMayJulySeptNove

SEK to ISK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 13.9149, compared to 15.5587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6438 points.

H1 Avg (Jan–Jun) 13.9149
H2 Avg (Jul–Dec) 15.5587

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1523 ISK (High: 14.3067 / Low: 13.1544). On the other end, January was the most stable month, with a tight range of 0.3334 ISK (High: 13.1047 / Low: 12.7713).

March Spread (Volatile) ±1.1523
January Spread (Stable) ±0.3334

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5596 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5596

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 15.5773) against the same month in 2019 (average: 12.8625), the exchange rate shifted by +2.7148 (+21.11%).

2020 Avg (September) 15.5773
2019 Avg (September) 12.8625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1047 12.7713 12.9941
February 13.1914 12.7642 13.0674
March 14.3067 13.1544 13.7006
April 14.9030 14.1177 14.4125
May 14.9654 14.2895 14.7439
June 14.8916 14.2565 14.5709
July 15.5721 14.8759 15.2973
August 15.9348 15.4718 15.6810
September 16.0622 15.2300 15.5773
October 16.0342 15.4769 15.7395
November 15.9637 15.5164 15.8084
December 15.5488 14.8039 15.2489